Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    241 Industry Ave La Habra, CA 90631

    • Flex space
    • 4,133 SF
    • 0.47 lot acres
    OFF-MARKET
    Last Sale
    Jan 24, 2022
    $1,450,000
    Value Estimations
    $1,555,000
    Show details
    Cap Rate Potential
    2.7%
    Flex space
    Location Intelligence
    Property ID
    US09-1457951
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Flex space

    Property Details for 241 Industry Ave

    Year built
    1961
    Lot size
    0.47 lot acres
    Property size
    4,133 SF
    Property type
    Flex space
    APN
    019-121-07
    APU
    1912107

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,770,000
      ML approach
      $1,730,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,060,000
      Market price range: $382k - $2.06M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,365,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,940,000
      Change: +42% Conversion: Difficult
      RETAIL STORES
      $1,895,000
      Change: +39% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $1,845,000
      Change: +35% Conversion: Easy
      OFFICE BUILDING
      $1,775,000
      Change: +30% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,315,000
      Change: -4% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,095,000
      Change: -20% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    La Habra
    County
    Orange
    State
    California
    Longitude
    -117.944
    Latitude
    33.9189
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $16,790
    $1,414,944
    $93,636
    $1,508,580
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,950,000
      25,506 SF

      2061 Lambert Rd

      LIGHT INDUSTRIAL • 25,506 SF
      2061 Lambert Rd, La Habra, CA 90631-5741
      View Details
    • Value Estimation
      $1,045,000
      7,856 SF

      451 Commercial Way

      LIGHT INDUSTRIAL • 7,856 SF
      451 Commercial Way, La Habra, CA 90631-6168
      View Details
    • Value Estimation
      $1,365,000
      10,224 SF

      531 Commercial Way

      LIGHT INDUSTRIAL • 10,224 SF
      531 Commercial Way, La Habra, CA 90631-6170
      View Details
    • Value Estimation
      $1,340,000
      10,708 SF

      901 Cypress St

      LIGHT INDUSTRIAL • 10,708 SF
      901 Cypress St, La Habra, CA 90631-6833
      View Details
    • Value Estimation
      $2,220,000
      6,112 SF

      900 Cypress St

      LIGHT INDUSTRIAL • 6,112 SF
      900 Cypress St, La Habra, CA 90631-6834
      View Details
    • Value Estimation by Request
      1,424 SF

      541 Hbr Blvd

      LIGHT INDUSTRIAL • 1,424 SF
      541 Hbr Blvd, La Habra, CA 90631-6124
      View Details

    Similar Nearby for Sale

    • $2,100,000

      Commercial Investment Property La Habra

      Commercial building for sale in La Habra, California.
      300 E La Habra Blvd, La Habra, CA 90631
      View Details
    • $599,000
      350,854.00 Acres

      La Habra Heights Acreage Opportunity

      8.05 acres in La Habra Heights with building potential.
      2368 Lupin Hill Rd, La Habra Heights, CA 90631
      View Details
    • $279,999
      40,441.00 Acres

      La Habra Heights Land Opportunity

      Land in La Habra Heights near Hacienda Golf Club.
      Las Palomas Dr, La Habra Heights, CA 90631
      View Details
    • $8,900,000
      104,461 SF

      La Habra Land For Sale

      2.40 acre commercial land ideal for surface storage.
      770 S Cypress St, La Habra, CA 90631
      View Details
    • $1,950,000

      La Habra Specialty Property

      Specialty property available for sale in La Habra, CA.
      1381 Burwood St, La Habra, CA 90631
      View Details
    • $40,000

      Retail Space For Sale

      Retail space in a desirable location available for sale.
      161 E Imperial Hwy, La Habra, CA 90631
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      1,117 SF

      Retail/Industrial Space For Rent

      Retail/industrial space with HVAC, LVT flooring, and signage.
      1251 S Beach Blvd, La Habra, CA 90631
      View Details
    • $1.55 SF/Yr
      1,000 SF

      La Habra Industrial Flex Space

      Industrial flex space available for lease in La Habra.
      611 E Lambert Rd, La Habra, CA 90631
      View Details
    • $1.34 SF/Yr
      3,098 SF

      La Habra Flex Space Available

      Multi-tenant building with office space and mezzanine for rent.
      651 S Palm St, La Habra, CA 90631
      View Details
    • $12,000 /Mo
      8,000 SF

      La Habra Industrial/Flex Condo

      Premium industrial/flex condo in La Habra, CA for lease.
      511 Harbor Blvd S, La Habra, CA 90631
      View Details
    • $1.55 SF/Yr
      10,800 SF

      Freestanding Industrial Building with Yard

      Industrial building featuring office space and a fenced concrete yard.
      531 Jamie Ave, La Habra, CA 90631
      View Details
    • $1.55 SF/Yr
      1,000 SF

      La Habra Office/Warehouse Unit

      Small office/warehouse unit in La Habra for lease.
      621 E Lambert Rd, La Habra, CA 90631
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    241 Industry Ave
    La Habra, CA 90631
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.